Media Releases

Fonterra is set to invest $150 million to build a new UHT cream plant at its Edendale site in Southland to meet growing demand through its Foodservice business.

Fonterra Co-operative Group Ltd has today announced a 50 cent increase in the forecast Farmgate Milk Price midpoint for the 2024/25 season, alongside an uplift to the FY25 Advance Rate Schedule, and advised its FY24 earnings are forecast to be at the top end of the announced range of 60-70 cents per share.

Fonterra Co-operative Group Ltd has today announced the internal appointment of two new management team members to help lead the Co-op’s step-change in strategic direction and announced an executive team member moving into a new role.

As two sites at the heart of Fonterra’s Foodservice business celebrate their 10th anniversaries, the Co-operative is announcing it will open its sixth application centre to meet growing demand.

Fonterra Co-operative Group Ltd today provided its Q3 business update, announcing profit after tax from continuing operations’* of $1,013 million, up $20 million or equivalent to 61c per share.

Fonterra Co-operative Group Ltd has today announced a step-change in its strategic direction, as it commits to deepening its position as a world-leading provider of high-value, innovative dairy ingredients.

Fonterra Co-operative Group Ltd has today announced that Global Markets CEO Judith Swales has decided to leave the Co-op. 

Fonterra Co-operative Group Ltd has today announced the appointment of Andrew Murray to the role of Chief Financial Officer.

Fonterra has today announced Anna Palairet has been permanently appointed into the role of Chief Operating Officer (COO). Anna has been acting in the position since June 2023.